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Personal Finances / Buying or Selling a Home


Subject:  how to save for a downpayment Date:  5/9/1998  10:14 PM
Author:  yFool Number:  797 of 128370

Hello all,

My wife and I, well…mostly my wife, are saving for a downpayment on a house in the next 2 to 3 years. She currently has money socked away in an FDIC insured MMA earning a bit over 3%. She is ultra conservative regarding investing. I don't want to lose her money in stocks, but there's got to be a better way. Does any one have any suggestions for a conservative investment over 2-3 years? I believe one of the fool school steps mentions treasury bonds? Is this something that's relatively easy to get into and out of? If so, is there a way to go about it over the web?

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